Startup · $60m raised · Software
Sydney, NSW
Every published round Atlassian took part in, and every parcel of existing shares it bought off another holder. Deals we hold but haven't published yet are not counted.
| Company | Stage | Announced | Amount | Role | Alongside | Sources |
|---|---|---|---|---|---|---|
| Process Street | Series A | 1 Mar 2020 | $12m | Participant | Blackbird Ventures portfolio (Fri 4 Dec 2020), Blackbird Ventures portfolio (Sun 1 Mar 2020) |
Companies Atlassian has backed in a published round, and companies whose existing shares it bought off another holder.
| Company | What it does | First invested | Rounds | Led |
|---|---|---|---|---|
| Process Street | 1 Mar 2020, Series A | 1 | 0 |
Fund closes reported for Atlassian, as distinct from the investments it has made.
| Fund | Announced | Committed | Target | Close | Sources |
|---|---|---|---|---|---|
| - | Sep 2020 | $70m | - | - | SmartCompany (Fri 30 Jul 2021), SmartCompany (Tue 15 Dec 2020) |
Companies Atlassian has backed that another company then bought. An exit for the holding, not a deal Atlassian did.
| Company | Bought by | Kind | Announced | Price |
|---|---|---|---|---|
| No portfolio company of Atlassian is recorded as having been acquired. | ||||
The transaction that ended Atlassian's run as a startup, per published coverage. It closes the funding history too, where it is the ladder's last rung.
| Bought by | Kind | Announced | Price | Sources |
|---|---|---|---|---|
| - | IPO | 9 Dec 2015 | $4.3b | TechCrunch Australia (Wed 3 Mar 2021), TechCrunch Australia (Tue 2 Jun 2020), Crunchbase News (Mon 25 Nov 2019), Crunchbase News (Thu 21 Mar 2019), SmartCompany |
Companies Atlassian acquired or merged with, per published coverage. Buying a company is not investing in one: nothing here counts in the deals column.
Existing Atlassian shares sold by the funds and people who held them. None of this money reached Atlassian, and none of it counts in what Atlassian raised.
| Sold by | Announced | Amount | Valuation | Bought by | Sources |
|---|---|---|---|---|---|
| Jul 2010 | $60m | - | Accel | TechCrunch Australia, Crunchbase News |
Every investor coverage indicates participated in a round Atlassian raised.
Stories naming Atlassian. Where several outlets covered the same round, they are bundled under whichever ran the fullest account.
Weekly digest: Firmus withdraws its planned listing, Square Peg reaches a billion-dollar close on two vehicles, MUFG clears regulators to buy Grow Inc, and Lubdub, RocketDNA, Energy Bay and Metal all raise.
Weekly roundup reporting Australian startup funding rounds and government grants, a venture fund close, agreed acquisitions, an IPO pricing, a collapse, plus executive hires and AI policy developments.
Startup Daily reports Airtree has extended its Frontier founder residency to San Francisco, dangling uncapped US$250,000 SAFE notes at expat Aussie and Kiwi founders; its Sydney edition hosts alumni of major local tech firms.
ASIC filings show Buildkite raised $21m via convertible debt in January 2026 after heavy losses and a CEO change; its earlier backers include OneVentures, AirTree, General Catalyst and Dom Pym.
Also Capital Brief
LaunchVic selected nine Victorian start-ups, including Preezie, for a mentoring bootcamp with executives from Atlassian, Uber, Dropbox, Seek and Canva.
Forbes Australia reports Xero's board lifted CEO Sukhinder Singh Cassidy's potential pay to US$18.5 million, mostly equity vesting over three years, and now requires her to hold shares worth five times her salary.
Bower, an Australian startup, has closed a $2 million pre-seed round led by TEN13 with Admiralty Capital Group, Edale Capital and angel backers, funding ambient AI that captures laboratory work as structured research records.
At a Sydney event, Canva's co-founder explained how soaring compute bills forced a delay to its AI relaunch, and how homegrown models cut serving costs; he also recalls early government backing.
Blackbird and Airtree mark Canva's worth down sharply, the employee share price falls too, and commentators question whether a 2027 sharemarket float remains realistic amid sliding confidence in AI-era software.
Ten13 led Bower's A$2m pre-seed round for a voice-first AI assistant that helps scientists capture lab observations hands-free, founded by a four-person team with backgrounds at Microsoft, Google and Atlassian.
Also Startup Daily
Weekly roundup: Firmus completes its $2.85b round; Procore acquires DroneDeploy; Atlassian rebounds while Canva cuts guidance; plus fresh raises for Zabidou, BioScout, Vexev, Enrola, Spacetalk and others.
Ten13's post explains why it joined the robotics company's latest raise alongside Blackbird, Neotribe, Startmate and Horizons, covering its autonomous scanning device, dialysis focus, founders, and US rollout plans.
Also Dealroom·vexev.com·datapile.co·evtoday.com·ontargetish.com
The CEFC recounts a decade of project financing behind Australia's landmark grid batteries — DeGrussa, Hornsdale, Victorian Big Battery and Capital Battery — showing how early public capital helped storage reach mainstream markets.
Insurtech Cover Genius, previously ranked first on the Smart50 list, has secured $143 million from Vista Credit Partners at a valuation above $2 billion, with funds earmarked for AI development and acquisitions.
CDR solutions firm Biza.io signs four initial non-bank lenders as clients and adds three directors, Max Diamond, Anthony Spark and David Nixon, to its executive team amid growth.
Fishburners, the Sydney not-for-profit co-working community, has gone into voluntary administration over a long-running rent debt to the NSW government. KPMG administrators will keep it trading while pursuing a sale and recapitalisation.
Weekly roundup: Hipages takes a majority stake in VIZ Insurance, Side Stage Ventures banks $40m for fund two, Airwallex unveils the Latitude 37 program, Anthropic appoints an ANZ general manager, Atlassian shares jump.
Google Cloud has committed US$750 million to a new partner fund for agentic AI resources and incentives, unveiled at Cloud Next; the piece also recalls Google's March acquisition of security firm Wiz.
Canva has bought Sydney AI startup Simtheory and marketing automation firm Ortto, its fifth and sixth acquisitions in ten months, as it repositions from design tool to AI workplace platform; no prices disclosed.
Also Startup Daily·Startup Daily·This Week in Australian Startups
Startmate will resume taking founders to Silicon Valley this May and stage its first San Francisco Demo Day; the article also recalls Fluency's recent US seed round led by Accel.
Weekly roundup of ten Australian and New Zealand startup raises totalling nearly $194 million, topped by Neara's $90 million round at a $1.1 billion valuation, with Splose, Operata, HAMR Energy and Adora also covered.
Blackbird partner Niki Scevak argues SaaS is not dead; winners will be companies that reinvent for AI, citing Canva's AI pivot and Kaleido acquisition, plus Heidi Health's new software category for doctors.
Also Startup Daily·SmartCompany·Startup Daily·Startup Daily·Startup Daily·Startup Daily·Forbes Australia·Forbes Australia·Forbes Australia·Forbes Australia·TechCrunch Venture·TechCrunch Venture
Melbourne work-documentation startup Fluency raised a US$6 million seed led by Accel at a $30 million valuation, with DST Global and others participating; its founders previously raised $1.5 million.
Blackbird's post explains why it led Ivo's US$55 million Series B with five co-investors, citing the legal-AI company's product expansion, customer growth, and adoption by major corporates.
Also SmartCompany
Canberra data governance firm Aristotle Metadata has borrowed $400,000 from Tractor Ventures as venture debt, planning to grow its consulting partner network after equity investors labelled it too risky.
Weekly roundup of eight raises totalling $572.12 million, led by Firmus's $500 million round; RAGE Biotech, SunDrive, Number 8 Bio, Fabra, Keeyu, MyGig and Drone-Hand also funded, plus two RAGE Biotech executive appointments.
Also Tech Funding News - Australia·SmartCompany·Startup Daily·Startup Daily·Startup Daily·Startup Daily·Startup Daily
The Clean Energy Finance Corporation is putting up to $40m into Brighte through a federal program, letting the home-energy fintech offer cheaper green loans for solar, batteries and other household upgrades.
Scalare Partners has launched The Founders Union, an AI-driven hub connecting founders to education, community, services and investment providers; Westpac, MYOB, Atlassian and Zoho are among its partners.
RecordPoint has bought Redactive AI, a Melbourne data security startup founded by former Atlassian staff, for an undisclosed sum two years after its founding; Felicis and Blackbird co-led its 2024 seed round.
Startmate reflects on a decade of backing founders, profiling breakout alumni across its cohorts and describing how its mentors reinvest in newer startups, alongside its fund model and returns.
Blackbird's investment note announces it led Alloy Technologies' $4.5 million pre-seed round, profiling founder Joe Harris and describing the startup's software for robotics companies deploying artificial intelligence.
Also TechCrunch Venture·Forbes Australia·Startup Daily·SmartCompany·SmartCompany·Startup Daily·Startup Daily
Atlassian is acquiring US developer-analytics firm DX for US$1 billion — its second purchase this month, following The Browser Company and earlier deals for Loom and AirTrack.
Also Forbes Australia
Atlassian has agreed to buy DX, a tool that measures engineering team output, for $1 billion — its biggest deal yet — after also announcing The Browser Company purchase this month.
Blackbird partners recount backing Marloo's founders before they had settled on an idea, having led its 2024 pre-seed and now announcing its seed round.
Also marloo.com·marloo.com·Fintech News Australia·Business News Australia·Startup Daily·Startup Daily·SmartCompany·Startup Daily·SmartCompany
Column on Atlassian's $935 million takeover of the Arc and Dia developer, arguing the deal fits its workplace software strategy amid intensifying competition in AI browsing tools.
Also Forbes Australia·Startup Daily·Forbes Australia·Tech Funding News - Australia·TechCrunch Venture
Atlassian has agreed to buy The Browser Company, maker of browsers Dia and Arc, for roughly $610 million, aiming to build an AI browser for workplace use.
Also Dealroom
Airtree Ventures and Stone & Chalk have opened Venture Suites, a Sydney workspace giving Airtree portfolio startups offices plus mentorship and investor access, with Reejig, CipherStash and Human Health as early tenants.
Startup Daily profiles the thirteen startups joining Startmate's Winter '25 cohort, covering healthcare AI, agent tooling, recruitment tech, retail promotions, sexual health, water leak detection, VR haptics and ADHD robotics.